I’m relatively new to the community, but you’ve probably read me here on the forum, on Twitter and on Telegram. I’m an enthusiast of Zcash and its technology, and with just a few months of experience in cryptocurrencies, beyond what one reads in specialized blogs.
My opinion as a newcomer enthusiast and citizen of a country with a deep economic crisis (Venezuela)?
I think Zcash is an EXCEPTIONAL idea. It offers immense advantages to those of us who use it and its technology is a point of support and reference for the entire crypto universe today.
I’m going to talk about 3 brands and their particular cases: GoDaddy, Windows and McDonald’s, as an example.
Those who have a bit of experience with web hosting, will know that GoDaddy IS NOT the best hosting company for websites. Their service is poor and their features are minimal compared to other hosting companies. But GoDaddy is the most popular, the most known. Everyone knows GoDaddy and when they think of hosting is the first thing that comes to mind.
In the case of Windows something similar happens. Linux offers unique and amazing things that neither Mac nor Windows offers. But it has little adoption. People know that Linux exists, that it’s good, but they prefer Windows. We’ve ALL used Windows at one time or another. Windows is massive, like Bitcoin.
With McDonald’s, the same thing: when people talk about fast food, burgers or fries, the first thing that comes to their minds is McDonald’s. But there are many other options! Cheaper and tastier, no doubt.
What do GoDaddy, Windows and McDonalds have in common? They have all the world’s attention! Why? Because everyone is talking about them (even though there are many, many better options).
Marketing, repetition, big deals that have made them MASSIVE. Those are the characteristics of them.
The same thing happens, from my point of view, with Bitcoin and Zcash. Everyone talks, teaches and explains Bitcoin, but there are many other currencies with different characteristics, and Zcash leads the list as different, secure, private, transparent.
After all this talk, how do I see Zcash? As a project in which there is still a lot to be done. In marketing, in diffusion, in agreements, in alliances.
I think Zcash has everything it takes to lead the crypto market, but people don’t see it. Why? Is it because people don’t care about their financial security? Is it because Bitcoin is worth more?
I don’t know.
What I do know is that Zcash needs those of us who live in its ecosystem to be influencers, replicators of its features and advantages, and to collaborate in its adoption. Bitcoin enthusiasts do this naturally, so why don’t Zcash enthusiasts do more?
Forgive my long-winded opinion/reflection.